If you are moving to New Zealand, you may be interested to know that the average house price in New Zealand has fallen by NZD 10,000 in January to NZD 350,000 from December 2009 to January 2010 according to the Real Estate Institute of New Zealand (REINZ). This is, however, an increase of NZD 25,000 over the last year.

According to the latest statistics, the most expensive house prices are in the Auckland region and the lowest house prices are in Southland. The area with the biggest change in house prices since January 2009 was Taranaki which has seen a 12.5% difference in house prices over the year.

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